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There are many forex brokers now a day, some of them are regulated broker and some of them or not. I suggest you to trade with regulated broker like United World Capital. Regulated brokers are those who are registered with CYSEC. CYSEC stands for Cyprus Security and Exchange Commission. CYSEC has some responsibilities, like, to supervise and control the operation of the Stock Exchange, the transactions carried out, the issuers of securities listed on the Stock Exchange, the licensed investment services companies as well as the collective investment schemes. Another responsibility is to impose administrative sanctions and disciplinary penalties to brokers, brokerage firms and investment consultants to secure the clients.

So trading with a regulated broker is most safe and secure. United World Capital is registered in CYSEC under the license number 093/08. And FSA EEA regulated under the license number 504862. You can check it on their site:www.uwcfx.com